The Government has spent a total of 832.26 billion pesos ($10.22 bn) on programs that take into account the gender perspective up to the first half of November. Credits for gender policy programs grew this year by 37.7%, while those for the total budget rose by 56.5%. By 2021, the Government will incorporate the Potenciar Trabajo and the Tarjeta Alimentar programs into the Gender Budget (PPG) label. Both register an accrued expenditure in 2020 of 146.2 billion pesos (1.79 bn), with a 79.2% progress level.
Day: December 2, 2020
Foreign exchange settlement of the agricultural sector accumulates fall of 13.5%
The liquidation of foreign exchange in agriculture last November reached a little more than $1.73 billion, which represents a growth of only 1% over the previous month. The accumulated amount so far this year is $18.58 billion, a 13.5% year-on-year decline. These figures are far below what the government was looking for when it decreed a temporary reduction in retentions for three months and a staggered manner until December of this year. The economic cabinet proposed that the countryside should liquidate some $4.5 billion in the last quarter of the year.
Legislatures around the country agreed to create a special commission against climate change
The Argentine parliamentary authorities agreed on the importance of setting up a Federal Commission on Climate Change to join forces in the fight against this global problem that is increasingly affecting the Argentine territory. They are working today on a federal social awareness campaign aimed at joining efforts at all levels to prevent and mitigate its consequences.
Ford announced a $580 mn investment to produce the new Ranger in the country
Ford Argentina will invest $580 million to update its plant located in General Pacheco, Buenos Aires, where the new generation of the Ranger pickup will manufacture as of 2023. Thirty per cent of the total investment will allocate to a national manufacturing plan of spare parts.
The trade balance shows a deficit of $275 million with Brazil
The bilateral trade balance with Brazil showed a deficit of $275 million in November, the highest since June 2018, with a 22% drop in exports and a 35% increase in imports.
Energy: the Government will extend the intervention of two key control bodies
The Secretary of Energy appointed today Soledad Manin as the new auditor of the Ente Nacional Regulador de la Electricidad (ENRE), the body in charge of controlling the distribution companies of the metropolitan area, Edenor and Edesur. And thus let know that there will be an extension in the intervention of the two autarkic bodies in charge of regulating the electricity and gas services.
Corporación América Airports shares rose 60% on Wall Street after the extension of the AA2000 concession
The shares of Argentine companies traded in dollars had a rise of up to 60% in the shares of Corporación América after the State extended the concession of Aeropuertos Argentina 2000 until 2038, it estimates that the company will generate investments of $2.5 billion.
